The United States economy will never recover
From time to time people in the news like to say “The US economy is recovering”. Well, I am here to tell you the economy of the United States will never recover.
As long as we have free trade with nations like China, the US economy will continue to free fall.
The federal reserve and the government can prop the economy up for short periods of time, but these fixes are temporary.
Article on Yahoo News – Lost Middle-Class Jobs Being Replaced by Burger-Flipping and Retail Gigs: NELP Study
For the past 2 decades we have been told the United States job market is shifting from manufacturing to service orientated jobs. Unless you are a doctor, lawyer, banker,,, someone that provides a valuable service, the service job market is going to be low wage jobs.
Foxxconn, who builds computer parts for companies like apple is planning on building a plant in Iowa. An estimated 300,000 people will be hired, which is about 10% of Iowa’s population.
If one company could hire 300,000 people, just imagine what would happen if free trade was abolished and companies were forced to build more factories in the US. Then, and only then would the economy turn around.
Balanced trade is good, free trade is bad. And it is that simple.
We were warned 20 years ago what free trade with China would do to the US economy. But we chose to either not listen or ignore those warnings.
The economic problems are about to get worse. What do you think the recent droughts are going to do to the economy? When people are barely scraping by, do you think they can afford a 18% hike in the price of food?
My wife and I buy canned refried beans for making homemade burritos. 2 years ago the cans cost 98 cents each. Today, those same cans cost $1.16. That is an 18% price increase in the past 2 years, which is 5X – 6X the rate of inflation. Have your wages go up 18% in the past 2 years?
As the rest of the world starves, the US will decrease exports o make sure we have enough food for here at home. The government is shielding the people from the facts. How many people are ready for empty grocery store shelves, or a price spike?
The number of people that went hungry in 2011 increased over 800,000 as compared to 2010. How long can the US government continue to subsidize free trade with welfare and food stamps? The people do not need handouts, they need jobs.
United States is facing a infrastructural collapse. Where is the money supposed to come from to rebuild our roads and bridges?
I am not going to tell you what you and your family need to do to prepare for a financial collapse. Because the bankers have probably already figured out a way to screw you out of your money.
Invest into gold and silver? April 5, 1933, by U.S. President Franklin D. Roosevelt “forbidding the Hoarding of Gold Coin, Gold Bullion, and Gold Certificates within the continental United States” This was called Executive Order 6102.
So even if you have something like gold or silver, the government can strip you and your family of that wealth. Personally I like the idea of having gold or silver. I have some silver coins stockpiled in case of emergencies.
My main goal to surviving a long term collapse is to be debt free and to live on a small farm where my family and I can grow our own food.
The question is, do you want to depend entirely on food stamps, or do you want to grow your own food? Once you start sucking off the governments tit, its difficult to stop.
Author Unknown: “A democracy is always temporary in nature; it simply cannot exist as a permanent form of government. A democracy will continue to exist up until the time that voters discover that they can vote themselves generous gifts from the public treasury. From that moment on, the majority always votes for the candidates who promise the most benefits from the public treasury, with the result that every democracy will finally collapse over loose fiscal policy, (which is) always followed by a dictatorship.”
And that is the direction the US has been moving towards since the Great Depression. With welfare came a class of people who would rather suck off the governments tit then to get a job and support themselves.
The US debt recently reached 16 trillion dollars. There is no hope of ever paying that money back. What happens when you owe more money then you can ever pay back? You file for bankruptcy protection.
Its not a question of “if” the US is going to go bankrupt, its a matter of when. How deep into debt will the federal reserve drive the US before something has to give?
The simple answer is to print more money. But we all know what happens when the government prints money out of thin air, we get inflation.